Top tips to avoid ending up with an office you don’t like or one that gives the wrong impression about your business.
The second part of our guide to renting an office space that’s ideal for you looks at how to keep costs down and how higher rents might not always make you worse off in the long run.
Having the right office will define your business, it is where your greatest business ideas are generated, where best practices are developed and where potential clients get an insight into your businesses.
Don’t let expenses get in the way of functionality and practicality, It is easy to get caught up in the costs that are involved when looking for office space for rent. It’s always easy, especially in times of austerity to go for the cheapest option. A business decision made poorly can end up in affecting your company for the worst in the long term.
You may often find that the most economical offices may have slightly higher rent, but offer a better location, greater flexibility and have all the facilities you require in one place. You also need to consider fit out costs, incurred travel expenses and additional space requirements such as meeting rooms all need to be considered with your office lease.
It may sound obvious but it’s essential never to forget that your staff are a vital asset to your business. Always consider their needs when looking at potential office spaces to rent.
It’s important to ask whether your new office has the equipment necessary for all your business activities, and if it doesn’t how easy is it to put the required infrastructure in place.
Perhaps most importantly don’t get trapped into only thinking about the present state of your business. Furthermore, the majority of companies are looking to grow so consider how your new office space will cater to all future business needs you may have.
It would also be wise to consider the other end of the spectrum that if you require it will your new space allow you to downsize.
By avoiding and following these pitfalls you can prevent unnecessary conflicts that can be associated with renting office space.